EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Holtec Signs Strategic Cooperation Agreement with Utah and Hi Tech Solutions to Deploy Nuclear SMRs

LCG, May 1, 2025--Holtec International (Holtec) announced the signing on April 29 of a strategic cooperation agreement with the State of Utah and Hi Tech Solutions, a leading nuclear services provider based in Kennewick, Washington, to collaborate in the deployment of Holtec's SMR-300s (small modular reactor) in Utah and the broader Mountain West region. Hi Tech will play a leading role in the project development and workforce training to support the rise of new nuclear power generation in the region.

Read more

EPA and Texas Railroad Commission Sign Memorandum of Agreement for Permitting Geologic Storage of Carbon Dioxide

LCG, April 29, 2025--Officials from the U.S. Environmental Protection Agency (EPA) and Texas Railroad Commission (RRC) signed a memorandum of agreement (MOA) today outlining the state’s plans to administer programs related to carbon storage wells, known as Class VI wells. The MOA signing is a required step in the RRC’s application to be granted authority to permit Class VI wells in the state of Texas. EPA is currently preparing a proposed approval of RRC’s primacy application.

Read more

Industry News

UK's International Power Eyes Enron Assets

LCG, Nov. 16, 2001--International Power of the UK, on the strength of good third quarter results which were buoyed by revenues from its U.S. power plants, was said to be eyeing the generation assets of Enron Corp.

The Evening Standard, a British newspaper, said yesterday that International Power, which was created by the split-up of National Power, could make a rival bid for Portland General Electric Co. of Oregon, because it already has a power project in the Portland, Ore., area.

Utility holding company Sierra Pacific Resources Corp., owner of two Nevada electric companies, has been negotiating since summer to acquire PGE from Enron.

The paper also said International Power could pursue acquisition of Enron's big Teesside plant in England, which it said could be had for around $800 million. International Power recently reentered the UK generation business with its acquisition of the Rugeley power station.

Enron also has 4,500 megawatts of assets in Europe which the paper feels International Power could pursue. These include plants in Italy where the British company is developing greenfield plants and has been linked with a deal to buy a large portfolio of assets from Enel.

The Evening Standard noted that five new natural gas-fueled power plants International Power brought on-line in the U.S. this year helped the company boost its underlying profits before interest and tax by 46 percent to $240 million in the first nine month.

Strong cash flow also enabled International Power to reduce net debt by 13 percent to $927 million, the paper said, giving it financial wiggle room to go after Enron's generation assets.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service